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FOX Business
Mar 8, 2013 1:00pm EST
. osama bin laden's son-in-law was bin laden's spokesperson. he was caught in jordan eight days ago. he was brought to the u.s. those are your headlines. let's get you back down to tracy and ashley. ashley: thank you so much. there is a new sheriff in town. his name is scott pruitt. oklahoma attorney general is attacking some of the biggest issues in business. one of the first to challenge president obama's affordable care act. now he is arguing the constitutionality of dodd-frank reform. he is joining us now. thank you so much for joining us. why do you say that dodd-frank is unconstitutional? >> well, actually, there are multiple parts. there is a challenge to title i, title ii and title x. the states are only focused on title ii. title ii is that liquidation authority that is granted to the secretary. if they select a surgeon institution to liquidate, there is only a 24 hours notice for a federal judge to intervene and stop that. what is even more egregious is the states that have invested in some of those institutions do not ever received notice. it is a fundamental question about d
FOX Business
Mar 5, 2013 1:00pm EST
reduction that the president lives with because he has to. it is the law. rich: if the house passes this this week, it is up to the senate. there are some democrats in the senate who want to do that for some other government agencies. the general consensus is it will get done before march 27. back to you. lori: hank you for that, rich edson. melissa: charles payne coming up. whether we will go even higher or any lower. lori: you are seeing a little bit of strength in the metals market. we are back after this. ♪ dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. the most consistent speeds indoors or out. and, obviously, astonishing throhput. obviously... you know how fast our home wifi is? yeah. this is basically just asast. oh. and verizon's got more fast lte coverage than all other networks combined. it's better. yes. oh, why didn't you just say that? huh-- what is he doing? >> meet bill and melissa. like many, they built their financial house on stocks, bonds, and insurance... and then saw it blow away with the first winds of econ
FOX Business
Mar 4, 2013 11:00am EST
. unemployment insurance. you do not have to adhere to the minimum wage laws. they are in the process of auditing 6000 companies. the department of labor, the irs are hooking up with now 14 states to find these companies that have not properly classified their workers. the irs is losing billions. the department of labor is saying 30% of workers are misclassified. a big push. dennis: trying to improve the unemployment numbers. if you redefine them suddenly, our unemployment doesn't look so bad. liz: that is and interesting thing. cheryl: restaurant used. liz: restaurants, hotel companies, truckers, casinos. the penalty can be crippling. a 100% penalty on the business owner if -- for all the payroll taxes owed if they are found to be breaking the law here. the thing is, right now, the facts that the states are sharing information with the federal government -- i am telling you, you'll want to pay attention to this segment and watch it again on fox business. dennis: and other revenue collection effort. thank you very much. elizabeth macdonald. cheryl: it is a quarter till. of course, every
FOX Business
Mar 6, 2013 1:00pm EST
uncertainty with state planning. in theory, they are claiming, i guess until they change the laws again, it is permanent. >> that is right. there is a $5 million unified credit. this could be to your kids. there is a fixed amount of $5 million now and indexed for inflation. they can give $10.5 billion to their kids or whoever they want without any estate tax. it does not place out. tracy: the estate tax rate did go out a little, though being that it did go up a little off but not as high as it had been. it had been as high is 55% and as well as 35%. big deal for people with small businesses, farms, that was a big concern. the concern people had about what will the number be. you do not know when you are going to die. if people were really frozen with should i do something or shown a tie, at least we have that uncertainty. tracy: this stuff up in basis. >> that is huge. it is considered fair market value at date of death. when you inherited, if you just turn around and sell it, you have no capital gains tax. tracy: somebody with a big stock portfolio, that reason in itself could be a rea
FOX Business
Mar 6, 2013 11:00am EST
country. connell: the importance of tougher cyber crime laws. their efforts to boost security inside the government. dagen: putting a wet blanket over our nation's capital. connell: time for stocks now. good morning, nicole. nicole: good morning. what a day on wall street. obviously, another exciting day for the bulls out there. you are seeing so many stocks in the green. the bank stocks doing very well. the tech heavy nasdaq is pulling back as well. the nasdaq had been down for four days. when i think of hess, i think of names like google. obviously, not a bad day for the bulls. packing onto yesterdays gains. dagen: thank you. connell: the question after the record close for the dow is how long will this rally last. dagen: we are joined by charles payne and elizabeth macdonald. charles is on every day, you, elizabeth, are not. elizabeth, what do you say? liz: this market is retracing the exact same pattern it did in 2011, 2012. he is saying, you know, watch the members of the dow. the fact that aig, citigroup, gm are no longer in the dow really matter to him. private margins will no
FOX Business
Mar 5, 2013 11:00am EST
those laws. those are your headlines. dagen, back to you. dagen: thank you very much. the queen of home goods took the stand today in the macy's versus jcpenney battle against her brand. we are talking about martha stewart. last week, macy's ceo testified that he hung up on martha stewart when she waited until the day before to let him know about it. the judge in this case signaled that he may block the rollout of products. you can check on the stocks of martha stuart, pennies and macy's. it is worth noting, arthur is on the stand today. she did not testify in her own defense. connell: maybe she should have. now, here she is. we will get back to the markets in a moment. the president's approval rating dropping to its lowest level since the election. dagen: the money spent on prescription drugs down last year. we will tell you why. here are some of today's winners on the s&p 500. ♪ dagen: before the day is over with, i am going to get a yee haw from connell. we had an all-time high today. connell: let's go back to nicole petallides at the stock exchange. you remember 2007, nicole. nico
FOX Business
Mar 4, 2013 1:00pm EST
budget, which is required by law. the sequestration and continuing resolutions are all self-inflicted wounds. melissa: can you imagine a major corporation in america that did not have a financial plan? it is amazing. all those shareholders would go away. thank you for coming on. we appreciate it. lori: this is your still. melissa: whether or not the wealthiest should pay even more taxes. lori: it is a great conversation. i was not expecting that. it is good to be google. shares of the tech giant searching for higher ground. melissa: states raffling with big decisions. lori: let take a look at metals. no real reaction. virtually unchanged. back after this. ♪ friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with, it's easy to search hundreds of cards and apply online. lori: quarter after. it is time for another edition of market now. sandra smith on the floor of the new york stock exchange. sandra: still not enough to put the
FOX Business
Mar 7, 2013 1:00pm EST
, this is your fox news minute. u.s. officials have captured usama bin laden's son-in-law in jordan and brought him to new york. peter king i: they captured significant victory for the u.s. against al qaeda. he was a spokesman for al qaeda and a part of the 9/11 plot against america. susan rice says north korea will achieve nothing. following to launch a nuclear attack against the u.s. hours before the u.n. security council voted unanimously to oppose sanctions against north korea. and the last of the 115 cardinal electors that will vote for the next pontiff. after four days of meetings they have not set a date for the conclave to elect a new pope. those are your headlines, back now to lori and dennis. lori: thank you so much, we appreciate the update. according to members of congress, the president sitting down to lunch with the top leaders, republicans paul ryan and others. scheduling meetings with house republicans on wednesday, this after the president posted a dozen senators for a dinner at an exclusive d.c. restaurant last night and from what i understand picked up the tab. all th
FOX Business
Mar 7, 2013 11:00am EST
business dream a reality. at we put the law on your side. cheryl: bottom of the hour. that's every 15 minutes. the culprrt back on the floor of the stock exchange. 25,000 hits on the fox business network. i do not know how you do it. nicole: let's take a look at jcpenney. up 2.5%. laying off 1500 store level managers. of course we know that jcpenney has been under significant pressure. ron johnson came over from apple. he was hoping to turn around the company. they have been fighting with macy's. trying to get some martha stewart products in their. they continue to struggle. a big loser year to date. it is down almost 65%. jcpenney is obviously one that is under pressure. we will continue to follow it. thank you again for the recognition. i appreciate it. we work hard altogether. cheryl: congratulations. see you soon. dennis: everyone is in on it and hackers have attacked it. we are talking about the cyber threat to social media. how vulnerable are we? joining us now is jon iadonisi. it is not everyday that i interview a guy that can kill with his bare hands. first qu
FOX Business
Mar 8, 2013 11:00am EST
your fox news minute. son-in-law pled not guirmy to conspiracy to kill americans before a federal court in new york city. part of his inner circle. he was captured in jordan this week. gop ld 2makers are oppt is .ings prt is .ecution on u.s. soil. a military tribunal at guantanamo base. the tsa is facing a backlash over its decision to allow small knives and sports equipment like golf clull the new policy is set to begin april 25th. opposed by a coalition of pilots, flight attendants, and federal air marshals who are urging that the ban remain in place. venezuela leaves -- least 30 global leaders. chavis died of cancer on tck tsy and his body is lying in state. following the funeral his hand-picked successor will be sworn in this evening as an term president. tht is .e are your heamuines. what did you back. dagen: thank you. great to see you, as always. >> my pleasure. dagen: take a look at the snow. well, it is tapering off outside year of our studit is . in midte manhattan. not as bad as it was. new england now in the bull's-eye. some parts of massachusetts getting over a foot o
Search Results 0 to 9 of about 10